1301 Walnut St - Apartments FOR SALE


Alameda, CA 94501- Downtown Alameda
$1,450,000 USD
510-255-2248
1301 Walnut St, Alameda, CA for Sale
$1,450,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1301 Walnut St
Alameda, CA 94501
Downtown Alameda


HIGHLIGHTS

  • 5,042 SF Building with 8 Units
  • (3) One Bedroom One Bathroom Units | (5) Studio Units
  • Owner Pays All Utilities
  • On-Site Laundry for Additional Income | Some Storage Space Available in the Attic
  • Close to Vibrant Commercial Districts, Public Transportation, and a Thriving Arts and Culture Scene
  • Near Lincoln Park, South Shore Shopping Center and Beach, Alameda Theater, Park Street Shops, Restaurants, and Entertainment

OVERVIEW

Experience a piece of history with this charming 5,042 SF, 8-unit property, located in the sought-after City of Alameda. This building has been meticulously maintained and offers investors an incredible opportunity to own a piece of Alameda's historic charm. The property boasts a diverse unit mix of studio and one bedroom one bathroom units, timeless appeal, and offers a blend of classic architecture with modern conveniences. Owner pays all utilities. Tenants enjoy on-site laundry, and some storage. Located in the vibrant city of Alameda, 1301 Walnut offers a diverse range of amenities and attractions to complement any business venture. The area is characterized by its charming historic architecture, bustling commercial districts, easy access to public transportation and thriving arts and culture scene. Just a short distance away, tenants can enjoy beautiful green spaces such as Lincoln Park, South Shore Shopping Center and Beach, as well as the Alameda Theater, shops, restaurants, and entertainment along Park Street. With a variety of dining options, shopping opportunities, and a strong sense of community, the location provides an enticing backdrop for a successful professional environment. With its prime location and strong income, this property is an ideal investment opportunity, with ADU potential, for those seeking a unique and enduring asset in the thriving Alameda market. Disclosures: https://app.disclosures.io/link/1301-Walnut-Street-o9ql9vqo Kindly complete and submit the Disclosure i.o Cover Sheet confirming you and your clients have reviewed the disclosures. OFFERS DUE: Offers will be reviewed upon receipt. Submit Offers Here: https://app.disclosures.io/link/1301-Walnut-Street-o9ql9vqo

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

8

PRICE/UNIT

$181,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 UNITS | $181K PER UNIT | ALAMEDA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

071-0236-003-00

ASK ABOUT THIS PROPERTY

Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

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Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.